Yacht insurance
You didn't say where you are. In the US, Boat US is the cheapest I've
found. 52' sloop, $230K hull value for a little over $900 a year. Set
the deductible as high as they'll let you, unless you're planning to
use it. Buy the boat, car and house insurance at the same place for
multiple discounts. I don't think the auto club does 40' but they
might - I know they didn't do 52' or I'd be there.
Make sure your purchase survey is acceptable to your insurance co -
out of the water, known surveyor, etc - otherwise you'll need a second
survey.
Most US marine insurance brokers are a pain in the ass. Blue Water and
Hayden are 2 of the worst.
On Tue, 04 May 2004 01:26:26 GMT, "Vic Fraenckel"
wrote:
I am about to purchase a used sailboat (40+ feet). I would like some advice
on insurance companies. Care to share your experiences with any particular
company?
Any enlightenment will be appreciated.
TIA
Vic
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